Conversion and Continuation of Committed Loans. The Borrower shall have the right at any time upon prior irrevocable notice to the Agent (i) not later than 10:30 a.m., New York City time, on the day of the conversion, to convert all or any part of any Eurodollar Committed Borrowing into an ABR Borrowing, (ii) not later than 10:30 a.m., New York City time, three Business Days prior to conversion or continuation, to convert any ABR Borrowing into a Eurodollar Committed Borrowing or to continue any Eurodollar Committed Borrowing as a Eurodollar Committed Borrowing for an additional Interest Period and (iv) not later than 10:30 a.m., New York City time, three Business Days prior to conversion, to convert the Interest Period, with respect to any Eurodollar Committed Borrowing to another permissible Interest Period, subject in each case to the following:
Appears in 4 contracts
Samples: Credit Facility Agreement (Avaya Inc), Credit Facility Agreement (Avaya Inc), Credit Facility Agreement (Avaya Inc)
